Ashley Nickle

Apio purchases Yucatan, Cabo Fresh guacamole brands

Guacamole brands Yucatan and Cabo Fresh will be key assets for Landec going forward, with the guacamole category at $375 million and growing, according to a news release.

“The acquisition of Yucatan Foods provides Landec Natural Foods with on-trend products that consumers are craving,” Landec president and CEO Molly Hemmeter said in the release. “In addition to new guacamole recipes, Yucatan recently launched its Guac-N-Chips product, meeting the needs of the on-the-go consumer, and avocado butter products.

“Plant-forward consumers are currently seeking solutions outside of retail stores — in foodservice, direct-to-consumer meal kits, and home preparation,” Hemmeter said in the release. “Our growing portfolio of plant-based products enables us to work strategically with our customers to evolve the fresh perimeter of the store by offering solutions that attract the growing population of plant-forward consumers and bring them back in store.”